NZDUSD to turnaround?

23 апр.

NZDUSD - 24h expiry

Price action looks to be forming a bottom.
Price action has continued to trend strongly lower and has stalled at the previous support near 0.5875.
A move through 0.5925 will confirm the bullish momentum.
The measured move target is 0.6000.
The RSI is trending higher.

We look to Buy at 0.5925 (stop at 0.5895)
Our profit targets will be 0.5995 and 0.6000

Resistance: 0.5950 / 0.5980 / 0.6000
Support: 0.5925 / 0.5900 / 0.5880

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